(Doug Sears, benzinga.com, March 26, 2017) The millennial workforce embodies a pioneering mindset, seeing entrepreneurship as an idealized career path, according to recent studies. While data suggests many millennials feel entrepreneurial and aspire to start their own businesses, few do. Business owners under age 30 are small in number — 65 percent smaller than the same age group in the 1980s.
The decrease in business owners under 30 and the increase in business owner aspirations for the same group comes down to an issue of versatility, according to Neil Kane, director of undergraduate entrepreneurship at Michigan State University.